Store Closures

Forever 21, GameStop, Gap, Toys R Us, Dressbarn, A&F, Walgreens, J.C. Penney, Office Depot and even Walmart are closing stores in 2019.

Source: pymnts.com

Family Dollar Parent Plans to Shutter Nearly 1,000 Stores

Family Dollar Parent Plans to Shutter Nearly 1,000 Stores
Family Dollar Parent Plans to Shutter Nearly 1,000 Stores
March 13, 2024  |  Retail

Dollar Tree says it plans to close nearly of its 1,000 Family Dollar locations. The discount retailer announced the closures with its earnings report Wednesday (March 13), saying that a...

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Macy’s Shuttering 150 Stores With Shoppers ‘Still Under Pressure’
Macy’s Shuttering 150 Stores With Shoppers ‘Still Under Pressure’
February 27, 2024  |  Retail

Macy’s plans to close 150 of its stores as it focuses on its luxury brands. The department store chain made this announcement Tuesday (Feb. 27) as it released quarterly...

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Retail Crime Epidemic Sparks Store Closures Including Target, REI and Walmart
Retail Crime Epidemic Sparks Store Closures Including Target, REI and Walmart
May 18, 2023  |  Retail

Target has reported a disturbing surge in retail crime, which is anticipated to cause an estimated $500 million more in losses and stolen merchandise this...

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In-Store Experience and Travel Help UK Retailers Defy Closures Trend
In-Store Experience and Travel Help UK Retailers Defy Closures Trend
January 23, 2023  |  Retail

Despite challenging economic conditions, some retailers in the U.K. are planning to open new stores. In recent months, weak consumer demand has fueled a wave...

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Report: One-Third Of NYC SMBs Could Close Permanently
Report: One-Third Of NYC SMBs Could Close Permanently
August 03, 2020  |  SMBs

It’s closing time for many small businesses in New York City. As the pandemic drags on and federal aid runs low, many owners are calling...

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Target Takes Big Step To Close On Thanksgiving Holiday
Target Takes Big Step To Close On Thanksgiving Holiday
July 27, 2020  |  Retail

Target said in a press release on Monday (July 27) that, as part of its holiday shopping and COVID-19 plans, it will close on Thanksgiving....

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Neiman Marcus To Close Store In NYC’s Hudson Yards
Neiman Marcus To Close Store In NYC’s Hudson Yards
July 24, 2020  |  Retail

Neiman Marcus is reportedly leaving the upscale New York City Hudson Yards shopping center as it undergoes bankruptcy proceedings. The department store retailer had an...

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Ann Taylor And Lane Bryant Parent Ascena Files Chapter 11 Bankruptcy
Ann Taylor And Lane Bryant Parent Ascena Files Chapter 11 Bankruptcy
July 23, 2020  |  Retail

Ascena Retail Group, Inc. has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia. The retailer and...

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